Common use of Taxes, Assessments and Liens Clause in Contracts

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Lender’s Interest in the Collateral is not jeopardized In Xxxxxx’s sale opinion. In any contest Grantor shall defend itself and Xxxxxx and shell satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If Grantor Is in good faith conducting an appropriate proceeding to contest the obligation to pay end so long as Lender’s Interest in the Collateral is not jeopardized.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Lender’s Interest interest in the Collateral is not jeopardized In Xxxxxxin Lender’s sale sole opinion. In any contest Grantor shall defend itself and Xxxxxx Lender and shell shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx Lender as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx . Grantor further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In in full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If if Grantor Is is in good faith conducting an appropriate proceeding to contest the obligation to pay end and so long as Lender’s Interest interest in the Collateral is not jeopardized.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Lender’s Interest interest in the Collateral is not jeopardized In Xxxxxxin Lender’s sale sole opinion. In any contest Grantor shall defend itself and Xxxxxx Lender and shell shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx Lender as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx . Grantor further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In in full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If if Grantor Is is in good faith conducting an appropriate proceeding to contest the obligation to pay end and so long as Lender’s Interest interest in the Collateral is not jeopardized.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to consent any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Xxxxxx’s interest in the Collateral is not jeopardized in Xxxxxx’s sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interest, costs, attorneys’ fees or other charges that could accrue as a result of foreclosure or sale of the Collateral. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as the Lender’s Interest in the Collateral is not jeopardized In Xxxxxx’s sale opinion. In any contest Grantor shall defend itself and Xxxxxx and shell satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If Grantor Is in good faith conducting an appropriate proceeding to contest the obligation to pay end so long as Lender’s Interest interest in the Collateral is not jeopardized.

Taxes, Assessments and Liens. Grantor will pay when due all taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as LenderLxxxxx’s Interest in the Collateral is not jeopardized Jeopardized In Xxxxxxlender’s sale sole opinion. In any contest Grantor shall defend itself and Xxxxxx Lxxxxx and shell shall satisfy any final adverse judgment before enforcement against the Collateral. Collateral Grantor shall name Xxxxxx Lxxxxx as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx . Gxxxxxx further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In in full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If if Grantor Is is in good faith conducting an appropriate proceeding to contest the obligation to pay end so and 90 long as Lenderlender’s Interest interest in the Collateral is not jeopardized.

Taxes, Assessments and Liens. Grantor will shall pay when due all of its local, state and federal taxes, and any other taxes, assessments and liens upon the Collateral, its use or operation, upon this Agreement, upon any promissory note or notes evidencing the Indebtedness, or upon any of the other Related Documents. Grantor may withhold any such payment or may elect to contest any lien if Grantor is in good faith conducting an appropriate proceeding to contest the obligation to pay and so long as Lender’s Interest Xxxxxx's interest in the Collateral is not jeopardized In in Xxxxxx’s sale 's sole opinion. If the Collateral is subjected to a lien which is not discharged within fifteen (15) days, Grantor shall deposit with Lender cash, a sufficient corporate surety bond or other security satisfactory to Lender in an amount adequate to provide for the discharge of the lien plus any interests, costs, attorneys' fees or other charges that could accrue. In any contest Grantor shall defend itself and Xxxxxx and shell shall satisfy any final adverse judgment before enforcement against the Collateral. Grantor shall name Xxxxxx as an additional obligee under any surety bond furnished in the contest proceedings, Xxxxxxx further agrees to furnish Lender with evidence that such taxes, assessments, and governmental and other charges have been paid In full and in a timely manner. Grantor may withhold any such payment or may elect to contest any lien If Grantor Is in good faith conducting an appropriate proceeding to contest the obligation to pay end so long as Lender’s Interest in the Collateral is not jeopardized.